While last month we didn’t see much in the way of movement from the same time last year, this month paints an entirely different picture. Sold volume, average sold price, median sold price, units sold all showed sizeable gains from this time last year. Southwest is clearly in demand, take a look at the average days on market: 17.
Apr-13 | Apr-12 | % Change | |
Sold Dollar Volume | $6,436,205 | $2,926,500 | 119.93% |
Avg Sold Price | $357,567 | $243,875 | 46.62% |
Median Sold Price | $306,000 | $219,250 | 39.57% |
Units Sold | 18 | 12 | 50.00% |
Avg Days on Market | 17 | 175 | -90.29% |
Avg List Price for Solds | $366,939 | $251,333 | 46.00% |
Avg SP to OLP Ratio | 97.4% | 96.4% | 1.08% |
–Courtesy of Jason Martin, a real estate professional & resident of Southwest. He may be contacted by phone at (202) 641-0299 or by e-mail at jason@jasonmartingroup.com.